NYT: The bank posted profit of $1.3 billion, or 60 cents per share, on $8.5 billion in revenue, up 46% from Q2 of 2013.
NYT: The bank posted profit of $1.3 billion, or 60 cents per share, on $8.5 billion in revenue, up 46% from Q2 of 2013.
Analysts had expected Morgan Stanley to report earnings of 55 cents a share on revenue of $8.1 billion, according to a survey by Thomson Reuters.
Including certain charges relating to its debt and the big tax benefit, Morgan Stanley’s profit nearly doubled, to $1.9 billion.
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